[REVISION HISTORY]

Infosys financial performance and leadership transition

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-14 11:16 UTC → 2026-08-18 07:28 UTC · added ~~removed~~

Infosys reported a 12.2% year-on-year increase in consolidated net profit for the June quarter, reaching ₹7,769 crore, while revenue grew 14% to ₹48,211 crore. Despite this profit growth, the company lowered its FY27 constant-currency revenue growth outlook to a range of 1.5% to 3%. Following these results, the company announced that Ashiss Kumar Dash, a long-time insider, has been appointed CEO-designate to succeed Salil Parekh on 1 April 2027. Dash is expected to lead an “AI-led” transformation for the firm. The lowered revenue guidance and a reduction in institutional stakes have contributed to downward pressure on the company’s share price. ~~Market analysts attribute~~ In August 2026, shares experienced a decline, trading at ₹1,167.80, following the ~~conservative outlook~~ revised FY27 outlook. Over the preceding year, the stock saw a decline of approximately 18.92%. Further downward pressure emerged following a Q1 earnings miss, leading to ~~global economic uncertainty~~ several brokerage downgrades. Analysts at Susquehanna, Weiss Ratings, HSBC, Wells Fargo, and ~~cautious technology spending by clients.~~ TD Cowen adjusted their price objectives or ratings. Among ten firms covering the stock, two issued sell recommendations while eight assigned hold ratings, contributing to a consensus rating of ‘Reduce’ from several brokerage groups.

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